Please use this identifier to cite or link to this item: https://scholarbank.nus.edu.sg/handle/10635/135826
Title: DEMOCRACY AND TAX AVOIDANCE
Authors: MA JIAMENG
Keywords: Tax, democracy, corporate governance
Issue Date: 14-Mar-2017
Citation: MA JIAMENG (2017-03-14). DEMOCRACY AND TAX AVOIDANCE. ScholarBank@NUS Repository.
Abstract: The paper examines the impact of home country democracy on corporate tax avoidance. Specifically, it investigates how two aspects of democracy (political freedom and electoral democracy) are associated with corporate tax avoidance respectively. Political freedom reduces tax avoidance, as public scrutiny increases financial transparency risk of tax avoidance. Electoral democracy increases tax avoidance, as election increases campaign contribution which in turn increases tax avoidance. Further, the study finds that corruption control and social stability strengthen the negative association between political freedom and tax avoidance. Corporate tax complexity as percentage of overall tax complexity strengthens the positive association between electoral democracy and tax avoidance. Additional tests show shareholder protection and being a common law country weaken the negative association between political freedom and tax avoidance, and strengthen the positive association between electoral democracy and tax avoidance. Robustness checks using colony history as instrumental variable confirm the results.
URI: http://scholarbank.nus.edu.sg/handle/10635/135826
Appears in Collections:Ph.D Theses (Open)

Show full item record
Files in This Item:
File Description SizeFormatAccess SettingsVersion 
MaJ.pdf1.81 MBAdobe PDF

OPEN

NoneView/Download

Page view(s)

149
checked on Mar 27, 2020

Download(s)

7
checked on Mar 27, 2020

Google ScholarTM

Check


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.